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Property Type: TownhouseOwnership: Condominium
403 WESTWOOD Drive Unit# 48
Kitchener, ON N2M0B5
MLS® 40857903
$409,900
2 bed2.5 bath1 parking1,155 sqftBuilt 2019
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
Res-5
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $306/mo
- Annual property tax
- $3,121
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance, Other, See Remarks, Parking
Interior
- Basement
- Finished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Lower level | — |
| 4pc Bathroom | Lower level | — |
| Bedroom | Lower level | 8'10'' x 16'9'' |
| Primary Bedroom | Lower level | 11'4'' x 12'0'' |
| 2pc Bathroom | Main level | — |
| Kitchen | Main level | 17'9'' x 13'2'' |
| Dining room | Main level | 6'11'' x 12'5'' |
| Great room | Main level | 10'10'' x 11'4'' |
Description
Welcome to Westwood Mews and this 2 level, 2 bed, 2 bath, with 1 car parking condo that is just 7 years old and well maintained! You will love the open concept living on the main with a walkout to an exclusive backyard patio area where you can lounge & barbeque Built in 2019, this home is big, bright and new. The main floor has 9' ceilings as well as pot lights and modern light fixtures. This home came with great finishes and then this homeowner added over $10,000 in extras & upgrades like the gorgeous & durable laminate flooring in the great room or the upgraded under pad on the stairs and lower level. The kitchen comes complete with newer stainless steel appliances, taller cabinets, a deeper fridge cabinet, pull out pots and pans drawers and a pull out kitchen sink faucet with double the stainless steel sink. The lower level has two bedrooms, a full bath, laundry closet and utility area. The lower level has large exposed windows to capture the morning sun. The main bath vanity was upgraded with practical pull out drawers. The main bath was improved with an acrylic bathtub and luxurious adjustable rain shower head. Other nice touches are the modern oak railing and handrail as well as the window coverings. Located at the border of Waterloo and close to shopping, schools and transportation. This location has it all. (id:63161)
Listing Information
- MLS®
- 40857903
- Data last synced
- October 27, 2026
RE/MAX SOLID GOLD REALTY (II) LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX SOLID GOLD REALTY (II) LTD.
MLS® Number: 40857903
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$355/sqft
Building average
—
No other active listings in this building
415 - Uptown Waterloo/Westmount average
$341/sqft
7 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$327,920.00
Periodic payment — Principal & Interest (monthly)$2,115.63
Additional monthly expenses (condo fees, tax, utilities, etc.)$624.09
Total monthly cost$2,739.72
Interest paid over 5-yr term$93,982.81
Balance at end of term$294,965.10
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$20,495
Stress test qualifying rate8.19%
Payment you must qualify for$3,019.35
Cash Needed at Closing
Minimum down payment$20,495
Estimated Land Transfer Tax (LTT)$4,673
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,668
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
